Share
KUALA LUMPUR (Dec 3): Ekovest Bhd shares rose 6.82% this morning after its net profit rose 13% to RM43.87 million in its first financial quarter ended Sept 30, 2018 (1QFY19) from RM38.84 million a year ago, on higher contribution from the property development and toll operation sectors.
At 9.08am, Ekovest rose 3 sen to 47 sen with 749,300 shares traded.
Quarterly revenue also increased 33% to RM304.89 million from RM229.16 million a year ago. The group's profit growth was lower compared with revenue in the current quarter under review due mainly to higher interest expense incurred for the toll operation sector. — theedgemarkets.com
TOP PICKS BY EDGEPROP
Graham Garden @ Eco Grandeur
Bandar Puncak Alam, Selangor
Apartment Tanjung Puteri Resort
Pasir Gudang, Johor
Seri Mutiara Apartment, Bandar Baru Seri Alam
Masai, Johor
D'Carlton Seaview Residences (Seri Mega)
Masai, Johor
D'Ambience Residences (Ikatan Flora), Bandar Baru Permas Jaya
Permas Jaya/Senibong, Johor
